Lonnie Walker signs one-year deal with Celtics

Lonnie Walker signs one-year deal with Celtics

Free agent guard Lonnie Walker IV has signed a one-year deal with the Boston Celtics, ESPN NBA insider Adrian Wojnarowski first reported Wednesday evening.

Free agent G Lonnie Walker IV has agreed on a one-year deal with the Boston Celtics, his agent George S. Langberg of GSL Sports Group tells ESPN. Walker IV averaged 9.7 points and shot 38% on three-pointers in 58 games for Brooklyn last season. pic.twitter.com/uAvrtsIQkD

— Adrian Wojnarowski (@wojespn) August 29, 2024

Instead of using their final roster spot on Walker, the Celtics are giving him an Exhibit 10 contract, according to NBA insider Shams Charania of The Athletic.

An Exhibit 10 is essentially a training camp deal where players could earn a bonus anywhere from $5K to $75K. If he is waived before the regular season begins, he can play for the Maine Celtics, the team’s G-League affiliate. If he succeeds, he could eventually be converted to a one-year minimum deal.

Contract details for Lonnie Walker IV with the Celtics, sources said: Exhibit 10. An E10 allows Celtics to give a bonus to Walker if he is waived after training camp and plays for the team's G League affiliate in Maine.

— Shams Charania (@ShamsCharania) August 29, 2024

It’s essentially a no-risk move for the reigning champions.

Walker, 25, was the best free agent left on the board. He averaged 9.7 points on 42.3 percent shooting, including 38.4 percent from 3-point range and 76.3 percent from the free-throw line. In six combined seasons, he’s posted 9.8 points and 2.3 boards on 42.2/35.6/79.5 shooting splits.

Assuming he made the roster, I could envision Walker cracking Boston’s tight rotation, where he could make a legitimate impact as a sparkplug off the bench with the rest of Boston’s bench unit.

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This is a breaking news story. Stay tuned for updates.

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